Company Information

Get to know SharePeople Crowdsurance

SharePeople was a Dutch cooperative founded in 2016 that offered a modern alternative to traditional disability insurance (AOV) for self-employed individuals. Its model was based on "crowdsurance," where a network of entrepreneurs collectively shared the risk of income loss due to illness or accident. Members would deposit a monthly amount into their own SharePeople account, and when a participant became ill, donations were made from the collective accounts to provide them with an income. The company aimed to provide a more flexible, affordable, and transparent solution compared to conventional insurance. In mid-2023, SharePeople announced it would cease its operations by the end of the year, citing challenges in scaling the model and the changing market landscape.

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Financial InsurancePRIMARY
Financial Other Service

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SharePeople Crowdsurance

Netherlands

Founded in

2017 (9 Years)

Founded

Last online: No recent activity

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OVERALL SCORE

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Regulated

Recommended

IUX

(2,283 reviews)

Mauritius

2015

(10 years)

Security Information :

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ASIC

Security Information

Warning

This company is currently Unproved.

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License

A Grade License

Issued by globally renowned regulators, these licenses ensure the highest trader protection through strict compliance, fund segregation, insurance, and regular audits. Dispute resolution and adherence to AML/CTF standards further enhance security.

B Grade License

Granted by respected regional regulators, these licenses offer robust safety measures such as fund segregation, financial reporting, and compensation schemes. Though slightly less strict than Tier 1, they provide dependable regional protection.

C Grade License

Issued by regulators in emerging markets, these licenses offer basic protections such as minimum capital requirements and AML policies. Oversight is less stringent, so traders should exercise caution and verify safety measures.

D Grade License

From jurisdictions with minimal oversight, these licenses often lack key protections like fund segregation and insurance. While attractive for operational flexibility, they pose higher risks to traders.

TrustFinance is not a licensed financial advisor and is not affiliated with any financial institutions in your region. We encourage you to do your own research before making any investment decisions.